Vetted Health reposted this
How do I become tier 1 with VMSs? In the fast-paced world of healthcare staffing, nurse retention and engagement are paramount for sustained success. A recent conversation between industry experts sheds light on the strategies driving results in this crucial area. Rich, a seasoned professional in the field, emphasizes the importance of being an exemplary partner to vendors. By maintaining tier one status with key stakeholders like VMS and MSPs, Rich underscores the commitment to excellence that drives lasting relationships. But what truly sets the stage for success, according to Rich, is the focus on healthcare professionals themselves. In today's competitive landscape, attracting and retaining top talent is more than just a challenge — it's an opportunity. Rich highlights the need to showcase a different approach, one that values and empowers healthcare professionals. By fostering a culture of support and growth, organizations can pave the way for a brighter future in healthcare staffing. Discover the key to unlocking nurse retention and engagement. Read more on LinkedIn. #HealthcareStaffing #NurseRetention #PartnershipExcellence
Market Manager at Medical Talent
4moTier one status is an interesting topic. Some VMS/MSPs determine "tier one" status based solely on volume, while others focus on metrics such as submittal-to-deal ratios, extension rates, or the even the quality of vendor relationships. For small to medium-sized agencies, achieving tier one status with volume-based VMS/MSPs can be challenging. You would think the actual facilities would appreciate an agency with a 2:1 ratio compared to an agency with a 20:5 ratio (submittal to placement). At Medical Talent, we always prioritize quality over quantity and cultivate strong relationships with our travelers and VMS/MSPs.